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Wafa AssuranceCAS:WAA -0.04%68 Return-on-Tangible-Asset is 0.91% as of Dec. 2025, which is 39% below its 10-year median of 1.48. GuruFocus rates CAS:WAA with a GF Score™ of 68/100 and a GF Value™ of MAD6,409.51 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 509 Insurance companies, Wafa Assurance ranks worse than 66.01% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Wafa Assurance's annualizedNet Income for the quarter that ended in Dec. 2025 was MAD668 Mil. Wafa Assurance's average total tangible assets for the quarter that ended in Dec. 2025 was MAD73,173 Mil. Therefore, Wafa Assurance's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 0.91%.
The historical rank and industry rank for Wafa Assurance's Return-on-Tangible-Asset or its related term are showing as below:
CAS:WAA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.81 Med: 1.48 Max: 2.52
Current: 1.46
During the past 13 years, Wafa Assurance's highest Return-on-Tangible-Asset was 2.52%. The lowest was 0.81%. And the median was 1.48%.
CAS:WAA's Return-on-Tangible-Asset is ranked worse than 66.01% of 509
companies
in the Insurance industry
Industry Median: 2.74
vs CAS:WAA: 1.46
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Wafa Assurance Return-on-Tangible-Asset Related Terms
Wafa Assurance Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Wafa Assurance's Return-on-Tangible-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CAS:WAA vs FNF, AXS, FAF: Return-on-Tangible-Asset Comparison
For the Insurance - Specialty subindustry, Wafa Assurance's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Wafa Assurance Return-on-Tangible-Asset vs Insurance Industry
For the Insurance industry and Financial Services sector, Wafa Assurance's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Wafa Assurance's Return-on-Tangible-Asset falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 0.91% mean?
Wafa Assurance (CAS:WAA) has a Return-on-Tangible-Asset of 0.91% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Wafa Assurance and its competitors. This is 39% below median its historical median of 1.48. Over the past decade, Wafa Assurance's Return-on-Tangible-Asset has ranged from 0.81 to 2.52. According to the industry distribution chart, Wafa Assurance ranks #336 out of 509 companies in the Insurance industry, placing it in the top 66%.
Is Wafa Assurance's Return-on-Tangible-Asset too high?
Wafa Assurance's current Return-on-Tangible-Asset of 0.91% is 39% below median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 2.52. The Insurance industry median Return-on-Tangible-Asset is 2.74. Wafa Assurance's value of 0.91% is 66.8% below this industry median. Based on the distribution chart, Wafa Assurance ranks #336 out of 509 companies in the Insurance industry, which is below the industry midpoint. Overall, Wafa Assurance has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wafa Assurance's Return-on-Tangible-Asset compare to FNF and AXS?
According to the Insurance industry distribution chart, Wafa Assurance ranks #336 out of 509 companies for Return-on-Tangible-Asset. This places Wafa Assurance in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.74. Wafa Assurance's value of 0.91% is 66.8% below this benchmark. Historically, Wafa Assurance's own Return-on-Tangible-Asset has ranged from 0.81 to 2.52 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 2.74, Wafa Assurance has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for an Insurance company?
The median Return-on-Tangible-Asset among Insurance companies is 2.74, based on 509 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wafa Assurance's current Return-on-Tangible-Asset of 0.91% is 66.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Wafa Assurance and its competitors. For the Insurance industry, the median Return-on-Tangible-Asset is 2.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wafa Assurance's current Return-on-Tangible-Asset is 0.91%, which is 39% below median its own 10-year median of 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wafa Assurance stock overvalued right now?
Based on GuruFocus' analysis, Wafa Assurance (CAS:WAA) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD6,409.51, compared to a current price of MAD5,321.00 — trading 17% below its estimated fair value. The current Return-on-Tangible-Asset is 0.91%, which is 39% below median its 10-year median of 1.48 and 66.8% below the Insurance industry median of 2.74. Wafa Assurance's overall GF Score™ is 68/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Wafa Assurance (CAS:WAA), the current Return-on-Tangible-Asset is 0.91% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Wafa Assurance (CAS:WAA) Overvalued in 2026?
Based on GuruFocus' analysis, Wafa Assurance stock appears to be undervalued.
The current stock price of MAD5,321.00 is trading 17% below its estimated GF Value™ of MAD6,409.51.
GuruFocus considers Wafa Assurance to be Modestly Undervalued.
Key valuation signals for CAS:WAA:
Return-on-Tangible-Asset: 0.91% (39% below median its 10-year median of 1.48)
GF Value™: MAD6,409.51 vs. price of MAD5,321.00 (17% below fair value)
Industry Position: 66.8% below the Insurance median (#336 of 509)
No single metric tells the full story. See the CAS:WAA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wafa Assurance SA is a Morocco-based company engaged in the provision of the insurance services. The company offers fire and explosion insurance, theft, and sabotage insurance, water damage insurance, machine breakage insurance, and information and electronic equipment insurance. In addition, it also provides insurance to multiple risks, health, professionals, general accidents, property damage and many more.
68GF Score
Get the complete analysis for CAS:WAA
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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